MIAMI RIVER COVE

1543 | 1529 | 1515 Northwest South River Drive Miami, FL 33125

1543 | 1529 | 1515 Northwest South River Drive, Miami, FL, 33125
1543 | 1529 | 1515 Northwest South River Drive, Miami, FL, 33125 1543 | 1529 | 1515 Northwest South River Drive, Miami, FL, 33125 1543 | 1529 | 1515 Northwest South River Drive, Miami, FL, 33125 1543 | 1529 | 1515 Northwest South River Drive, Miami, FL, 33125
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$23,750,000
Last Verified:
Aug 08, 2024

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Highlights

  • PROPOSED PROPERTY HIGHLIGHTS
  • Redevelopment Potential
  • Floors: 3 Living Units: 40
  • Year Built: Proposed 2025

Description

REMAX 360 is pleased to present the opportunity of "Miami River Cove

1543 NW S RIVER DR | 1529 NW S RIVER DR | 1515 NW S RIVER DR | MIAMI, FL 33125

The property consists of three contiguous lots Approximately 1.77 Acres located directly on the Miami River. The site is currently "site plan" approved for 40 luxury townhomes with 14 fifty-foot existing boat slips.

The investment consists of a redevelopment project for a point of difference in a new modern luxury townhome development with fifty-foot docks on the Miami River. The Miami River is currently booming with mega-developments.

The property is directly across the Miami “River Landing” minutes from the JMH-UM Medical & Employment hub, Miami International Airport, and the Miami Freedom Park Stadium which will host the 2026 FIFA World Cup.

LOCATION HIGHLIGHTS:
Approved Site Plan
Along Miami River
Directly across the New "River Landing" project
Close to some of the hottest riverfront dining and entertainment
3 blocks from Miami International Airport
Possibility to redevelop
Possibility to upzone and redevelop


Year Built: 2025
Building Size: 77101sq ft
Lot Size: 1.77 acres

Map of 1543 | 1529 | 1515 Northwest South River Drive, Miami, FL, 33125

Presented by:
RE/MAX 360 Real Estate

Request additional information
Agustin Duarte


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.